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RSI Averages Band

This indicator shows a band of EMAs of the RSI(14). The timeframe for the indicator here is hourly on a 10m chart, a shorter timeframe will produce a choppier band of averages that will resemble the actual RSI at this timeframe more closely.
The averages are coloured according to whether they are higher or lower than the preceding value for that moving average.
The blue RSI line travelling OUTSIDE the band of averages will tend to show higher price momentum, while rejection of an entry/exit into the band can be a strong signal of continuation/reversal as appropriate.
Happy Trading :)
The averages are coloured according to whether they are higher or lower than the preceding value for that moving average.
The blue RSI line travelling OUTSIDE the band of averages will tend to show higher price momentum, while rejection of an entry/exit into the band can be a strong signal of continuation/reversal as appropriate.
Happy Trading :)
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開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。